Summary

Mass firings at the IRS under the Trump administration threaten ongoing audits of wealthy individuals and corporations, potentially leading to millions in lost tax revenue.

The cuts primarily impacted employees in the Large Business & International Division, many of whom had extensive tax expertise.

With fewer agents and specialists, complex cases may be prematurely closed, undermining enforcement against high-end tax evasion.

Critics warn this weakens IRS oversight and emboldens tax avoidance among the ultrawealthy.

  • Tinidril@midwest.social
    link
    fedilink
    English
    arrow-up
    30
    ·
    1 day ago

    And yet, Republicans have been steadily making gains with the working class. With this past election they are now the dominant party for working class voters. It comes down to two things. American voters are deeply ignorant and the Democratic party is pathetically weak and out of touch.